Kushen Wallet cannot store Monero coins. Reason: Kushen Wallet does not support ring signatures, which is Monero’s privacy protection technology. Alternatives: LedgerNanoX, SafePalS1 or MoneroGUI wallets can store Monero.
No, Kushen Wallet cannot store Monero
Kushen Wallet, also known as Trezor, is A hardware wallet primarily used to store Bitcoin, Ethereum, and other ERC-20 based tokens. While Kushen Wallet provides support for multiple cryptocurrencies, itdoes not support Monero (XMR).
Why:
Monero is a highly privacy-focused cryptocurrency that uses a cryptographic technology called ring signatures. This technique creates a set of signatures containing multiple keys, making it impossible to identify the actual sender of the transaction.
The hardware design and firmware of Kushen Wallet are not suitable to support ring signatures. Therefore, it cannot verify and store Monero transactions.
Alternatives to Storing Monero:
If you wish to store Monero, you can use the following alternative hardware wallets:
- Ledger Nano X: Supports Monero and several other cryptocurrencies.
- SafePal S1: Designed for storing Monero and other privacy coins.
- Monero GUI Wallet: The official Monero wallet available on desktop and mobile devices.
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